Bitcoin price has at one point increased to 8,195 USD on Coinbase, equivalent to 1214 USD in today's trading session (17.4%).
The price of Ethereum increased by 19.95 USD (equivalent to 10.50%) to 209.24 USD.
Lifecoin increased by 5.4 USD (equivalent to 6.29%) to 91.16 USD.
Bitcoin Cash increased by 31.22 USD (equivalent to 8.41%) to 402.81 USD.
In just the past 24 hours, Messari data showed that Bitcoin worth more than $27 billion was traded on exchanges. The recent strong increases in Bitcoin prices have attracted attention. Bitcoin prices have increased positively in 2019 and have increased by more than 1,000 USD just two days ago.
Over the past 3 months, cryptocurrencies have increased in price by 127%%, nearly 60% of which was accumulated in the past 30 days.
The USD value of most cryptocurrencies is increasing. Notably, Bitcoins resilience, including Binance Coin (BNB) and Bitcoin Cash (BCH), both increased sharply.
Analysts pointed out the interesting fact that the price increase in the past few days is very similar to the parabola model, similar to the time when Bitcoin prices were in 2015.
However, some analysts believe that it is too early to consider Bitcoin as a safe haven asset as the currency's price movements coincide with the escalation of the US-China trade war.
This currency has been gaining strongly recently, possibly due to a conference on blockchain and cryptocurrency being held in New York. Many large investors who have an impact on the market will participate in this conference. Bitcoin has also increased in price at previous conferences.
